6- Trust & Trustworthiness Flashcards
Which paper investigates second order beliefs in trust games to identify guilt aversion?
Charness & Dufwenberg (2006)
Using terminology in Charness & Dufwenberg (2006), what 2 implications come from higher b212?
higher guilt
1 less kind towards 2
Which paper finds local differences in other-regarding behaviours? For example, there is robust evidence that subjects send less in trust games conducted in Africa than those in North America.
Johnson and Mislin (2011)
Which topic are you studying?
Trust & Trustworthiness
In Johnson and Mislin (2011), which 3 factors significantly affect trustworthiness?
the amount by which the experimenter multiplies the amount sent
whether subjects play both roles in the experiment
whether the subjects are students
Describe the design of treatment 1 in Charness & Dufwenberg (2006) (3 points)
Describe the result taken from here.
one-shot
strategy method
incentivized beliefs
strong positive correlation between b212 and 2’s decision to work
In which paper do most proposers send money, but only some responders return money?
Berg et al. (1995)
What does Bohnet and Zeckhauser (2004) investigate?
Betrayal
What is added in treatment 2 in Charness & Dufwenberg (2006)?
What results are taken from this? (3 points)
adds communication (2 sends a message to 1)
Higher frequency of ‘in-work’ outcomes
Higher b12 and b212 and probability for 2 to decide to work
Messages with a promise have a higher effect on beliefs and outcomes
When was Bohnet and Zeckhauser published?
2004
In Berg et al (1995), on average do proposers either win or lose?
neither
In Johnson and Mislin (2011), which 2 factors significantly affect the amount sent?
whether payment is random
whether play is with a simulated counterpart
Which paper was published in 2011?
Johnson and Mislin
What were the results of Bohnet and Zeckhauser (2004) regarding i) amount sent in trust case and ii) prevalence of altruism?
Less sent in trust case
Little sign of altruism
When was Berg et al. published?
1995
What type of game is used in Berg et al. (1995)? what terminology is used to describe participants?
Trust game
proposer and responder/ truster and trustee
In Charness & Dufwenberg (2006), what implies that trust is difficult to maintain?
reciprocity
What type of study is Johnson and Mislin (2011)?
What was their method?
Meta-analysis
Used OLS to examine relationship between EXPERIMENTAL PROTOCOLS and OBSERVED TRUST AND BEHAVIOURS
Which paper was published in 2006?
Charness & Dufwenberg
When was Kosfeld et al. published?
2005
Bohnet and Zeckhauser (2004) uses a _____-subject design.
Describe the 3 treatments.
How were choices elicited?
Between
Decision Problem: computer decides, no trustee
Risky Dictator: computer decides, trustee
Trust Game: trustee decides
MCAs
Which paper discusses the effect of hormones on trusting tendencies?
Kosfeld et al. (2005)
In Berg et al. (1995): propensity to return is ___ in amount sent?
increasing
In Charness & Dufwenberg (2006), what implies that trust is difficult to generate?
guilt aversion
